2023 CAD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CAD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CAD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 5593.0390. Conversely, the yearly low was recorded on March 18, dropping to 5162.9022.
This high-to-low spread represents a total annual volatility of 430.1368 PYG. From a start-to-finish perspective, comparing the January average rate of 5496.6784 to the December average rate of 5487.3291, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 5593.0390 was up 0.02% compared to the 2022 peak of 5591.8250, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CAD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5374.2050, compared to 5423.2911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 49.0862 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 209.6956 PYG (High: 5372.5978 / Low: 5162.9022). On the other end, July was the most stable month, with a tight range of 100.2102 PYG (High: 5542.5922 / Low: 5442.3820).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 178.9730 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 5487.3291) against the same month in 2022 (average: 5314.1313), the exchange rate shifted by +173.1978 (+3.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5566.7164 | 5361.8232 | 5496.6784 |
| February | 5533.3750 | 5339.2544 | 5425.8191 |
| March | 5372.5978 | 5162.9022 | 5246.8461 |
| April | 5363.7872 | 5205.9131 | 5296.3030 |
| May | 5375.3649 | 5268.7395 | 5323.1264 |
| June | 5534.3885 | 5355.0072 | 5456.4569 |
| July | 5542.5922 | 5442.3820 | 5489.5557 |
| August | 5483.3996 | 5337.6029 | 5393.0835 |
| September | 5419.1027 | 5313.6937 | 5369.0925 |
| October | 5424.8142 | 5298.6217 | 5375.1610 |
| November | 5481.6778 | 5374.2882 | 5425.5251 |
| December | 5593.0390 | 5408.9707 | 5487.3291 |